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Company type | Company |
---|---|
Industry | Hospitality |
Headquarters | Maitama, Abuja, Nigeria |
Key people | |
Parent | Transcorp |
Subsidiaries | Transcorp Hilton Abuja, Transcorp Hotels Calabar |
Transcorp Hotels Plc, formerly Transnational Hospitality & Tourism Services Limited (THTSL), is the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), a conglomerate with interests in the power, hospitality, agriculture, and oil and gas sectors, headquartered in Lagos. It was listed on the Nigerian Stock Exchange in January 2015.
Transcorp has a property in Abuja; [2] [3] the Transcorp Hilton Hotel Abuja, a destination hotel in Calabar; Transcorp Hotels Calabar, [4] and planned properties in Lagos and Port Harcourt, [5]
In 2005, the Federal Government of Nigeria privatized NIRMSCO Properties Limited – the owner of the Nicon Hilton Hotel, Abuja at the time. As part of a consortium, Transcorp plc purchased a proprietary stake in the company and became the core investor, while the federal government retained the remaining 49 per cent. Hilton International LLC was engaged to manage the property.
In 2007, the name NIRMSCO Properties Limited was changed to Transnational Hotels & Tourism Services Limited (THTSL). THTSL was the hospitality subsidiary of Transcorp.
In 2013, Transcorp bought out other consortium members and became the sole owner of the 51 per cent controlling shares in THTSL. It secured hosting rights for the World Economic Forum on Africa in 2014.[ citation needed ]
THTSL was rebranded Transcorp Hotels plc in 2014, ahead of an initial public offering in October 2014. [6] [7] [8]
In July 2021, Transcorp Hotels plc launched Aura by Transcorp Hotels, an online platform for booking accommodation, including hotels and apartments, ordering food, as well as experiences. [9]
Abuja is the capital and eighth most populous city of Nigeria. Situated in the middle of the country within the Federal Capital Territory (FCT), it is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd as the lead, Archi systems International, and Planning Research Corporation. The Central Business District of Abuja was designed by Japanese architect Kenzo Tange. It replaced Lagos, the country's most populous city, as the capital on 12 December 1991.
Calabar is the capital city of Cross River State, Nigeria. It was originally named Akwa Akpa, in the Efik language, as the Efik people dominated this area. The city is adjacent to the Calabar and Great Kwa rivers, and the creeks of the Cross River.
ADC Airlines was a Nigerian airline owned by Aviation Development Company plc and headquartered in Ikeja, Lagos State, Nigeria. It operated domestic scheduled services and regional charter flights. It had applied to be designated on international routes. Its main base was Murtala Mohammed International Airport, Lagos.
Aero Contractors Company of Nigeria Limited, known as Aero Contractors or simply Aero, is a state-controlled Nigerian airline company based at Murtala Muhammed International Airport in Ikeja, Lagos State, Nigeria. Furthermore, it operates helicopter services and fixed wing domestic and international scheduled passenger services, air charter and third party aircraft operations, largely in support of Nigeria's extensive oil and gas industry.
Aguata is a Local Government Area in Anambra State, Nigeria, with its headquarters in the town of Ekwulobia, while a small part falls under Aguluezechukwu.
Transnational Corporation plc, is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors. A publicly quoted conglomerate with a diversified shareholders base of about 290,000 investors, its notable assets include Transcorp Hotels plc ; Transcorp Ughelli Power Limited and Transcorp Energy Limited.
Tourism in Nigeria centers largely on events, due to the country's ample amount of ethnic groups, but also includes rain forests, savannah, waterfalls, and other natural attractions. Tourists spent US$2.6 billion in Nigeria in 2015. This dropped to US$1.5 billion in 2017.
Railways in Nigeria consist of a 3,505 km Cape gauge national railway network and 669 km of standard gauge. The Cape gauge network is in poor condition due to lack of maintenance. In 2019, the single operational standard gauge line from Abuja to Kaduna generated as much revenue as the entire Cape gauge railway network combined. The Nigerian government plans to extend the standard gauge to replace most of the Western Line, while the Eastern Line will be rehabilitated as a Cape gauge line. All trains in Nigeria are operated by the Nigerian Railway Corporation.
Railway stations in Nigeria include:
Olufemi Peter Otedola is a Nigerian businessman and philanthropist. He is the former chairman of Forte Oil PLC, and is the current executive chairman of Geregu Power PLC.
Heirs Holdings is a family-owned investment holding company headquartered in Lagos, Nigeria with investment interests in various sectors in Africa.
Ikechi Uko is a Nigerian travel business consultant, tourism developer, media consultant, journalist, and author. He is the organizer of Akwaaba African Travel Market, the first international travel fair in West Africa. He is also the CEO of Jedidah Promotions ; the project director of Seven Wonders of Nigeria (Naija7Wonders), and the publisher of Africa Travel Quarterly Magazine and atqnews.
Hotels.ng is a Nigerian online hotels booking agency which was launched in 2013. The platform was founded by Mark Essien who hails from Akwa Ibom State, Nigeria and claims to list over 7,138 hotels from 320 cities in Nigeria.
Olorogun O’tega Emerhor, born on November 25, 1957, in Evwreni, Ughelli, Nigeria is a Nigerian chartered accountant, politician, and businessman. He has had a successful career in the financial sector and has been actively involved in social and political activities.
Valentine Chineto "Val" Ozigbo is a Nigerian politician and business executive. He is the immediate past President and Chief Executive Officer of Transnational Corporation of Nigeria plc (Transcorp), a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors He was appointed to the position in 2019.
Folorunsho Coker is a Nigerian businessman, politician and director general of Nigerian Tourism Development Corporation since March 2017. He was formerly the managing director of the number plate production authority of State of Lagos and commissioner for tourism, Arts & Culture and Special Adviser Central Business District in Lagos State. Coker was the chief executive officer of Brown Restaurant and La Casa Group prior to his appointment as commissioner for tourism, Arts & Culture. He was a jury member for the 2nd edition of the Nigerian Travel Awards (NTA). In 1992, Coker was appointed as personal assistant to Senator Bola Ahmed Tinubu, He was later appointed as the Managing Director of the Number Plate Production Authority of State of Lagos. In 2014, he was appointed special adviser on the Central Business District of Lagos to Babatunde Raji Fashola (SAN), then governor of Lagos State. As the DG of NTDC, Coker launched "Tour Nigeria” a project aimed at promoting domestic tourism in Nigeria. Coker also organized “Food Flavor” a festival that showcased Nigerian food and culture and promote the city as a destination for fun, hospitality and relaxation. He initiated the revocation of the NTDC Act of 1992. The new law has been passed to law by the Senate awaiting concurrence from Nigerian House of Representatives. Coker led administration at NTDC also partnered Google Nigeria for the digitization of tourism sights and street view with the hope of deepening the positive digital story of the Nigerian tourism industry. As Commissioner for Tourism, Arts and Culture, in Lagos state, he organized “One Lagos Fiesta” a 5day event held in five different locations in Lagos as a mark of promoting Nigeria culture through music and other forms of entertainment. In 2018, with the partnership of Kano State Government, he initiated the proposed implementation of Kano/Durbar repackaging plan. He also started the repackaging of the Iri Ji Yam Festival, Anambra, Ogidi Ijumu Festival, Kogi and Osun-Osogbo Festival, Osun. He started his education at Corona College Obalende before travelling to UK in 1992 where he attended St. Bees School, Cumbria. He holds a bachelor's degree in combined studies, Economic and Geography from Manchester University. He obtained postgraduates degrees in diplomacy. International trade and finance the University of Westminster where he finished with distinction. In his time as the Director-General of NTDC, P.M. News reported, "The Nigerian Tourism Development Corporation (NTDC) on Wednesday bagged Best Tourism Marketing Agency of the year 2019 at the Gala/Award Night of Tourism Transportation Summit and Expo."
Honeywell Group is a conglomerate based in Nigeria. It operates in diversified businesses such as foods and agriculture, telecommunication and infrastructure, real estate and financial services. The company was founded by Dr. Oba Otudeko, who is the group chairman.
Modupe Olusola is a Nigerian business executive. She is the Managing Director and Chief Executive Officer of the Nigeria-based Hospitality company, Transcorp Hotels plc, subsidiary of the Nigerian conglomerate, Transnational Corporation of Nigeria.
Owen Diana Omogiafo is a Nigerian business executive and strategist. She is the President and Group Chief Executive Officer of Transnational Corporation of Nigeria (Transcorp), a diversified conglomerate with strategic investments in the Power, Hospitality and Oil and Gas sectors.
Goodie Minabo Ibru is a Nigerian businessman, hotelier and former president of the Nigerian Stock Exchange.